Comment on the following statements: (a) The statutory auditor is entitled to rely on the internal auditor.
Question:
Comment on the following statements:
(a) “The statutory auditor is entitled to rely on the internal auditor”.
(b) “The statutory auditor should test internal control system before relying on the same”.
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a The statutory auditor is entitled to rely on the internal auditor A statutory auditor who is an ex...View the full answer
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